- Says some benchmarks signal rates should be above zero
- US is not far from full employment
- Does not want Fed to be behind the curve in normalising interest rates
- Sees gaps in US labour market but it is important for the Fed to look ahead
- Doubt FOMC will pick a date for first rate hike
- Says markets should focus on economy for clues on when tightening will come
First of many comments no doubt, from the movers and shakers at Jackson Hole.
Two lots of tv interviews done, one with Fox, via Reuters and one with Bloomberg
